<ARTICLE> UT <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <EXCHANGE-RATE> 1 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 4,622,277 <OTHER-PROPERTY-AND-INVEST> 91,554 <TOTAL-CURRENT-ASSETS> 317,635 <TOTAL-DEFERRED-CHARGES> 1,289,484 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 6,320,950 <COMMON> 178,162 <CAPITAL-SURPLUS-PAID-IN> 1,039,299 <RETAINED-EARNINGS> 344,180 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,561,641 <PREFERRED-MANDATORY> 75,000 <PREFERRED> 193,561 <LONG-TERM-DEBT-NET> 2,156,828 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 80,500 <LONG-TERM-DEBT-CURRENT-PORT> 53,364 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 2,200,056 <TOT-CAPITALIZATION-AND-LIAB> 6,320,950 <GROSS-OPERATING-REVENUE> 336,968 <INCOME-TAX-EXPENSE> 21,622 <OTHER-OPERATING-EXPENSES> 242,132 <TOTAL-OPERATING-EXPENSES> 263,754 <OPERATING-INCOME-LOSS> 73,214 <OTHER-INCOME-NET> 7,692 <INCOME-BEFORE-INTEREST-EXPEN> 80,906 <TOTAL-INTEREST-EXPENSE> 43,074 <NET-INCOME> 37,832 <PREFERRED-STOCK-DIVIDENDS> 4,807 <EARNINGS-AVAILABLE-FOR-COMM> 33,025 <COMMON-STOCK-DIVIDENDS> 42,500 <TOTAL-INTEREST-ON-BONDS> 40,310 <CASH-FLOW-OPERATIONS> 152,746 <EPS-PRIMARY> 0 <EPS-DILUTED> 0